Trust. It's our middle name.
Katahdin Trust Company is the bank you can trust for Community Banking at its Best.
Totally Free Checking Accounts
Whether you're looking for personal or business, we have an account just right for you.
Bill Payment & Presentment
No more waiting for the mail. Get your monthly bills delivered to you online.
Do you know?
We also need people who can specialize in many other areas such as human resources, information technology, marketing, accounting and more.
First-Time Homebuyer
Afford a home of your own.
- Great fixed rate. 0.25% lower than our fixed rate mortgage
- Fast credit decision. Get approved quickly with local servicing
- Quick turnaround. Close loan generally within 30 days
This type of loan provides reduced down payment and closing costs to new homeowners who may not qualify for a conventional mortgage loan.
Choose from a variety of payment terms along with the flexibility of weekly, bi-weekly or monthly payments. We can even set-up your payment to be automatically transferred from your Katahdin Trust Company checking account, so you'll never have to worry about a late payment. Enjoy these other great benefits:
- No application fee.
- No seller points required.
- No recapture tax liabilities when you sell your home.
- No home inspection (although we always recommend one).
- Free flood determination.
- Free credit bureau report.
Do I qualify?
To qualify for a First-Time Homebuyer Mortgage:
- You cannot have owned a home in the past 3 years*
- You meet the following household income limits:
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AROOSTOOK COUNTY & PATTEN AREA
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BANGOR LENDING AREA
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Tools
Contact a mortgage specialist
How much can I afford?
Application checklist
*This includes a mobile home and the land it sits on, but if you have owned a mobile home only, not including any land, you do qualify.
Homebuyer education is required. Up to five acres of land allowed. Existing structures only. Our First-Time Homebuyer Program is not associated with the Maine State Housing Authority. Subject to credit approval.
